Having your business registered in different government agencies is a must. The guiding principles of registration depends on the kind of business and type of ownership. It is easy to register a business if owned by one person, while the process can be gruelling for a corporation.
Process Flow of Registering a Business
Seek approval/clearance from the Barangay.
Secure Tax Identification Number (TIN) from the Bureau of Internal Revenue (BIR) District Office where the business is to be located.
If Sole Proprietorship: Register with the Department of Trade and Industry (DTI) for Business Name Certificate
If Partnership/Corporation: Register with the Securities and Exchange Commission (SEC)
If Cooperative: Register with the Cooperative Development Authority (CDA)
Apply for business permit and license from the City/Municipality where the business is to be located
Get specific clearances:
Travel Agency - Department of Tourism (DOT)
Food and Cosmetics - Bureau of Food and Drugs (BFAD)
Pawnshop - Bangko Sentral ng Pilipinas (BSP)
Learning Centers - Department of Education (DepEd)
Register with the Bureau of Internal Revenue (BIR) District Office where the business is to be located for Authority to Print Invoice and Book of Journal.
Register your business with the following offices for compliance to good employer-employee relationships, incentives and benefits, and social, community, and environmental responsibilities:
Social Securities System (SSS)
Department of Labor and Employment (DOLE)
Department of Environment and natural Resources (DENR)
Start the Business